2018 Q4 Form 10-Q Financial Statement
#000119312518305300 Filed on October 23, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
Revenue | $206.1M | $203.1M | $146.4M |
YoY Change | 41.07% | 38.69% | 14.24% |
Cost Of Revenue | $103.9M | $98.00M | $67.90M |
YoY Change | 57.42% | 44.33% | 49.56% |
Gross Profit | $102.2M | $105.2M | $78.60M |
YoY Change | 27.43% | 33.84% | -5.07% |
Gross Profit Margin | 49.59% | 51.8% | 53.67% |
Selling, General & Admin | $45.80M | $20.10M | $20.70M |
YoY Change | 108.18% | -2.9% | -1.9% |
% of Gross Profit | 44.81% | 19.11% | 26.34% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $28.30M | $26.80M | $20.70M |
YoY Change | 29.22% | 29.47% | -1.9% |
Operating Profit | $73.90M | $78.40M | $57.90M |
YoY Change | 26.76% | 35.41% | -6.16% |
Interest Expense | $0.00 | $97.96M | $67.89M |
YoY Change | 44.28% | 49.63% | |
% of Operating Profit | 0.0% | 124.94% | 117.26% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $73.90M | $78.34M | $57.89M |
YoY Change | 26.98% | 35.32% | -13.06% |
Income Tax | $0.00 | $48.00K | $83.00K |
% Of Pretax Income | 0.0% | 0.06% | 0.14% |
Net Earnings | $73.64M | $78.17M | $57.72M |
YoY Change | 27.21% | 35.42% | -10.91% |
Net Earnings / Revenue | 35.73% | 38.48% | 39.42% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $604.8K | $673.0K | $607.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 119.7M shares | 111.4M shares | 94.83M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $106.0M | $87.00M | $61.00M |
YoY Change | 51.43% | 42.62% | -35.11% |
Cash & Equivalents | $105.7M | $86.99M | $61.22M |
Short-Term Investments | |||
Other Short-Term Assets | $7.000M | $4.000M | |
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $57.00M | $46.00M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $170.0M | $137.0M | $61.00M |
YoY Change | 142.86% | 124.59% | -35.11% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $96.00M | $96.00M | |
YoY Change | |||
Other Assets | $0.00 | $0.00 | $33.00M |
YoY Change | -100.0% | -100.0% | 3200.0% |
Total Long-Term Assets | $14.30B | $12.28B | $9.716B |
YoY Change | 40.32% | 26.42% | 15.43% |
TOTAL ASSETS | |||
Total Short-Term Assets | $170.0M | $137.0M | $61.00M |
Total Long-Term Assets | $14.30B | $12.28B | $9.716B |
Total Assets | $14.47B | $12.42B | $9.777B |
YoY Change | 41.02% | 27.03% | 14.87% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | |||
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $10.97B | $8.988B | $7.149B |
YoY Change | 52.27% | 25.72% | 21.25% |
Other Long-Term Liabilities | $128.0M | $123.0M | $102.0M |
YoY Change | -9.22% | 20.59% | -7.27% |
Total Long-Term Liabilities | $11.09B | $9.111B | $7.251B |
YoY Change | 51.09% | 25.65% | 20.73% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | |||
Total Long-Term Liabilities | $11.09B | $9.111B | $7.251B |
Total Liabilities | $11.09B | $9.111B | $7.251B |
YoY Change | 51.1% | 25.66% | 20.73% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$569.4M | -$566.4M | -$558.1M |
YoY Change | 0.4% | 1.5% | 4.15% |
Common Stock | $3.968B | $3.900B | $3.110B |
YoY Change | 13.11% | 25.4% | 0.78% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $3.364B | $3.301B | $2.520B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $14.47B | $12.42B | $9.777B |
YoY Change | 41.02% | 27.03% | 14.87% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $73.64M | $78.17M | $57.72M |
YoY Change | 27.21% | 35.42% | -10.91% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | $67.30M | $87.70M | $65.70M |
YoY Change | 31.96% | 33.49% | 2.18% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$2.040B | -$57.20M | $26.30M |
YoY Change | 342.46% | -317.49% | -96.89% |
Cash From Investing Activities | -$2.040B | -$57.20M | $26.30M |
YoY Change | 342.46% | -317.49% | -96.89% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.993B | -51.60M | -67.10M |
YoY Change | 377.18% | -23.1% | -93.28% |
NET CHANGE | |||
Cash From Operating Activities | 67.30M | 87.70M | 65.70M |
Cash From Investing Activities | -2.040B | -57.20M | 26.30M |
Cash From Financing Activities | 1.993B | -51.60M | -67.10M |
Net Change In Cash | 19.80M | -21.10M | 24.90M |
YoY Change | 164.0% | -184.74% | -128.49% |
FREE CASH FLOW | |||
Cash From Operating Activities | $67.30M | $87.70M | $65.70M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q3 | bxmt |
Loans Exposure Amount
LoansExposureAmount
|
12726831000 | |
CY2018Q3 | bxmt |
Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
|
466700000 | |
CY2018Q3 | bxmt |
Securitized Debt Obligations Net
SecuritizedDebtObligationsNet
|
1284362000 | |
CY2018Q3 | bxmt |
Securitized Debt Obligations
SecuritizedDebtObligations
|
1000000000 | |
CY2017Q2 | bxmt |
Joint Venture Capital Contribution Percentage
JointVentureCapitalContributionPercentage
|
0.85 | pure |
CY2017Q2 | bxmt |
Securitized Debt Obligations
SecuritizedDebtObligations
|
474600000 | |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
61221000 | |
CY2017Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
94085000 | |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
32864000 | |
CY2017Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2525792000 | |
CY2017Q3 | bxmt |
Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
|
95017594 | shares |
CY2018Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3898841000 | |
CY2018Q3 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
3426000 | |
CY2018Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
54300000 | |
CY2018Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-87100000 | |
CY2018Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-32849000 | |
CY2018Q3 | us-gaap |
Assets
Assets
|
12419475000 | |
CY2018Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
86987000 | |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
86987000 | |
CY2018Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2018Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
119669195 | shares |
CY2018Q3 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
7360000 | |
CY2018Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
119669195 | shares |
CY2018Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1197000 | |
CY2018Q3 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
780951000 | |
CY2018Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
20497000 | |
CY2018Q3 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
0 | |
CY2018Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
0 | |
CY2018Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
2719000 | |
CY2018Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
74195000 | |
CY2018Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
3676000 | |
CY2018Q3 | us-gaap |
Held To Maturity Securities
HeldToMaturitySecurities
|
96050000 | |
CY2018Q3 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
0 | |
CY2018Q3 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
23701000 | |
CY2018Q3 | us-gaap |
Interest Receivable
InterestReceivable
|
45762000 | |
CY2018Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
5409815000 | |
CY2018Q3 | us-gaap |
Liabilities
Liabilities
|
9111482000 | |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
12419475000 | |
CY2018Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
7657084000 | |
CY2018Q3 | us-gaap |
Long Term Debt Maturing In Years Four And Five
LongTermDebtMaturingInYearsFourAndFive
|
4735294000 | |
CY2018Q3 | us-gaap |
Long Term Debt Maturing In Years Two And Three
LongTermDebtMaturingInYearsTwoAndThree
|
2393008000 | |
CY2018Q3 | us-gaap |
Minority Interest
MinorityInterest
|
7221000 | |
CY2018Q3 | us-gaap |
Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
|
12176516000 | |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
445582000 | |
CY2018Q3 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
4850911000 | |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
83200000 | |
CY2018Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
500000000 | |
CY2018Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
651600000 | |
CY2018Q3 | bxmt |
Securitized Debt Obligations Net Face Amount
SecuritizedDebtObligationsNetFaceAmount
|
1292120000 | |
CY2018Q3 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
12260103000 | |
CY2018Q3 | us-gaap |
Other Assets
OtherAssets
|
155972000 | |
CY2018Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
123366000 | |
CY2018Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q3 | us-gaap |
Participating Mortgage Loans Participation Liabilities Amount
ParticipatingMortgageLoansParticipationLiabilitiesAmount
|
81044000 | |
CY2018Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2018Q3 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
28000 | |
CY2018Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2018Q3 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
151000 | |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-566417000 | |
CY2018Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3307993000 | |
CY2018Q3 | us-gaap |
Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
|
6841759000 | |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3300772000 | |
CY2018Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
1500000000 | |
CY2018Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
1300000000 | |
CY2018Q3 | bxmt |
Secured Debt Repurchase Agreements Gross
SecuredDebtRepurchaseAgreementsGross
|
6862256000 | |
CY2018Q3 | bxmt |
Nonconsolidated Senior Interests Excluded From Contractual Obligations
NonconsolidatedSeniorInterestsExcludedFromContractualObligations
|
466700000 | |
CY2018Q3 | bxmt |
Securitized Debt Obligations Excluded From Contractual Obligations
SecuritizedDebtObligationsExcludedFromContractualObligations
|
1300000000 | |
CY2018Q3 | bxmt |
Loan Participations Sold Excluded From Contractual Obligations
LoanParticipationsSoldExcludedFromContractualObligations
|
81200000 | |
CY2018Q3 | bxmt |
Debt Instrument Covenant Requirement On Consolidated Tangible Net Worth Minimum
DebtInstrumentCovenantRequirementOnConsolidatedTangibleNetWorthMinimum
|
2400000000 | |
CY2018Q3 | bxmt |
Loan Portfolio Payments Held By Our Third Party Loan Servicer
LoanPortfolioPaymentsHeldByOurThirdPartyLoanServicer
|
3902000 | |
CY2018Q3 | bxmt |
Accrued Management And Incentive Fees Payable
AccruedManagementAndIncentiveFeesPayable
|
18368000 | |
CY2018Q3 | bxmt |
Participating Mortgage Loans Participation Liabilities Principal Amount
ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount
|
106259000 | |
CY2018Q3 | bxmt |
Stock Shares Authorized
StockSharesAuthorized
|
300000000 | shares |
CY2018Q3 | bxmt |
Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
|
119890142 | shares |
CY2018Q3 | bxmt |
Number Of Benefit Plans
NumberOfBenefitPlans
|
9 | Plans |
CY2018Q3 | bxmt |
Loans Outstanding With Unfunded Commitments
LoansOutstandingWithUnfundedCommitments
|
80 | Loans |
CY2018Q3 | bxmt |
Weighted Average Risk Rating On Loan Exposure
WeightedAverageRiskRatingOnLoanExposure
|
2.7 | pure |
CY2018Q3 | bxmt |
Debt Instrument Covenant Minimum Percentage Of Cash Liquidity On Recourse Indebtedness
DebtInstrumentCovenantMinimumPercentageOfCashLiquidityOnRecourseIndebtedness
|
0.05 | pure |
CY2018Q3 | bxmt |
Percentage Of Portfolio
PercentageOfPortfolio
|
1.00 | pure |
CY2018Q3 | bxmt |
Percentage Of Loans Subject To Yield Maintenance Lock Out Provisions Other Prepayment Restrictions
PercentageOfLoansSubjectToYieldMaintenanceLockOutProvisionsOtherPrepaymentRestrictions
|
0.86 | pure |
CY2018Q3 | bxmt |
Percentage Of Loans Open To Repayment By Borrower
PercentageOfLoansOpenToRepaymentByBorrower
|
0.14 | pure |
CY2018Q3 | bxmt |
Subordinate Risk Retention Interest Notional Amount
SubordinateRiskRetentionInterestNotionalAmount
|
99000000 | |
CY2018Q3 | bxmt |
Subordinate Risk Retention Interest
SubordinateRiskRetentionInterest
|
99000000 | |
CY2018Q3 | bxmt |
Held To Maturity Securities Face Amount
HeldToMaturitySecuritiesFaceAmount
|
99000000 | |
CY2018Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
119669604 | shares |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
75567000 | |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2493603000 | |
CY2016Q4 | bxmt |
Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
|
94709290 | shares |
CY2017Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
563911000 | |
CY2017Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
16681000 | |
CY2017Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
0 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
0 | |
CY2017Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
1214000 | |
CY2017Q4 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
0 | |
CY2017Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
66888000 | |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3506861000 | |
CY2017Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
2125000 | |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
|
30600000 | |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
-60300000 | |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-29706000 | |
CY2017Q4 | us-gaap |
Assets
Assets
|
10258825000 | |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
69654000 | |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
102518000 | |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
107883860 | shares |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q4 | us-gaap |
Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
|
4120000 | |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
107883860 | shares |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1079000 | |
CY2017Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
4911000 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
1.68 | ||
CY2013Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
25875000 | shares |
us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
28887000 | ||
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
16356000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
17493000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
13952000 | ||
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
88000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.86 | ||
CY2017Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
14162000 | |
CY2017Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
38573000 | |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
7341419000 | |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10258825000 | |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
6340000 | |
CY2017Q4 | us-gaap |
Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
|
10056732000 | |
CY2017Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
500000000 | |
CY2017Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
675700000 | |
CY2017Q4 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
10108226000 | |
CY2017Q4 | us-gaap |
Other Assets
OtherAssets
|
99575000 | |
CY2017Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
140826000 | |
CY2017Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
159000000 | |
CY2017Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
80000 | |
CY2017Q4 | us-gaap |
Participating Mortgage Loans Participation Liabilities Amount
ParticipatingMortgageLoansParticipationLiabilitiesAmount
|
80415000 | |
us-gaap |
Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
|
20560 | shares | |
CY2017Q4 | bxmt |
Participating Mortgage Loans Participation Liabilities Principal Amount
ParticipatingMortgageLoansParticipationLiabilitiesPrincipalAmount
|
141119000 | |
CY2017Q4 | bxmt |
Common Stock Shares Outstanding Including Stock Equivalents
CommonStockSharesOutstandingIncludingStockEquivalents
|
108081077 | shares |
CY2017Q4 | bxmt |
Weighted Average Risk Rating On Loan Exposure
WeightedAverageRiskRatingOnLoanExposure
|
2.7 | pure |
CY2017Q4 | bxmt |
Percentage Of Portfolio
PercentageOfPortfolio
|
1.00 | pure |
CY2017Q4 | bxmt |
Percentage Of Loans Subject To Yield Maintenance Lock Out Provisions Other Prepayment Restrictions
PercentageOfLoansSubjectToYieldMaintenanceLockOutProvisionsOtherPrepaymentRestrictions
|
0.75 | pure |
CY2017Q4 | bxmt |
Percentage Of Loans Open To Repayment By Borrower
PercentageOfLoansOpenToRepaymentByBorrower
|
0.25 | pure |
CY2018Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.62 | |
CY2017Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
31000 | |
CY2018Q4 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.62 | |
CY2018Q4 | us-gaap |
Dividends
Dividends
|
74200000 | |
bxmt |
Net Proceeds After Sales Discounts And Commissions
NetProceedsAfterSalesDiscountsAndCommissions
|
32.24 | ||
CY2017Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
798000 | |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-567168000 | |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
32864000 | |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2917406000 | |
CY2017Q4 | us-gaap |
Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
|
5273855000 | |
CY2017Q4 | us-gaap |
Secured Debt
SecuredDebt
|
38456000 | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2911066000 | |
CY2017Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
1500000000 | |
CY2017Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
1300000000 | |
CY2017Q4 | bxmt |
Secured Debt Repurchase Agreements Gross
SecuredDebtRepurchaseAgreementsGross
|
5290536000 | |
CY2017Q4 | bxmt |
Restricted Cash Fair Value Disclosure
RestrictedCashFairValueDisclosure
|
32864000 | |
CY2017Q4 | bxmt |
Loan Portfolio Payments Held By Our Third Party Loan Servicer
LoanPortfolioPaymentsHeldByOurThirdPartyLoanServicer
|
54759000 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
183581000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
183669000 | ||
CY2017Q4 | bxmt |
Securitized Debt Obligations Net
SecuritizedDebtObligationsNet
|
1282412000 | |
CY2017Q4 | bxmt |
Securitized Debt Obligations Net Face Amount
SecuritizedDebtObligationsNetFaceAmount
|
1292120000 | |
CY2017Q4 | bxmt |
Loans Exposure Amount
LoansExposureAmount
|
11093608000 | |
CY2017Q4 | bxmt |
Loan Exposure Amount Including Non Consolidated Senior Interests
LoanExposureAmountIncludingNonConsolidatedSeniorInterests
|
985400000 | |
CY2017Q4 | bxmt |
Accrued Management And Incentive Fees Payable
AccruedManagementAndIncentiveFeesPayable
|
14284000 | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
23840000 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
43990000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
176195000 | ||
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
175000 | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
13591000 | ||
us-gaap |
Payments For Participation Liabilities
PaymentsForParticipationLiabilities
|
381310000 | ||
us-gaap |
Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
|
38434000 | ||
us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
2314721000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
31000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4566000 | ||
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
176374000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
22219000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
160094000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
265000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
220000 | ||
us-gaap |
Interest Expense
InterestExpense
|
168917000 | ||
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
391787000 | ||
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
222870000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
219000 | ||
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
11651000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
141124000 | ||
us-gaap |
Noninterest Expense
NoninterestExpense
|
62776000 | ||
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
40557000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-319687000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
157100000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
176539000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
159741000 | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
88000 | ||
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
971 | shares | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
964000 | ||
bxmt |
Proceeds From Sale Of Loan Participation
ProceedsFromSaleOfLoanParticipation
|
33193000 | ||
bxmt |
Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-20150000 | ||
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
6090000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
159829000 | ||
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
17496000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
17809000 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
313000 | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
394074000 | ||
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
2776058000 | ||
us-gaap |
Professional Fees
ProfessionalFees
|
2811000 | ||
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
2481250000 | ||
us-gaap |
Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
|
1976271000 | ||
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
3000 | ||
bxmt |
Adjustments To Additional Paid In Capital Deferred Compensation
AdjustmentsToAdditionalPaidInCapitalDeferredCompensation
|
313000 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
95004188 | shares | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
31000 | ||
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
286773 | shares | |
bxmt |
Consolidation Of Securitized Debt Obligations Of Variable Interest Entity
ConsolidationOfSecuritizedDebtObligationsOfVariableInterestEntity
|
-474620000 | ||
bxmt |
Interest Expense Secured Debt
InterestExpenseSecuredDebt
|
3800000 | ||
bxmt |
Dividends Declared And Not Paid
DividendsDeclaredAndNotPaid
|
58793000 | ||
bxmt |
Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
|
4235000 | ||
bxmt |
Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
|
17809000 | ||
bxmt |
Common Stock Dividends Declared
CommonStockDividendsDeclared
|
176374000 | ||
bxmt |
Cash Contributions To Joint Venture Partners That Decrease Equity
CashContributionsToJointVenturePartnersThatDecreaseEquity
|
-6090000 | ||
us-gaap |
Additional Cash And Cash Equivalent Related Text
AdditionalCashAndCashEquivalentRelatedText
|
Cash and cash equivalents represent cash held in banks and liquid investments with original maturities of three months or less. | ||
us-gaap |
Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
|
35955000 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
20993000 | ||
bxmt |
Proceeds From Collateral Deposits Related To Derivatives
ProceedsFromCollateralDepositsRelatedToDerivatives
|
8980000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
20110000 | ||
bxmt |
Payments For Collateral Deposits Related To Derivatives
PaymentsForCollateralDepositsRelatedToDerivatives
|
16651000 | ||
bxmt |
General And Administrative Expenses Excluding Other Expenses
GeneralAndAdministrativeExpensesExcludingOtherExpenses
|
22044000 | ||
bxmt |
General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
|
1424000 | ||
bxmt |
Proceeds From Derivative Instruments In Investing Activities
ProceedsFromDerivativeInstrumentsInInvestingActivities
|
6115000 | ||
bxmt |
Payments For Derivative Instruments In Investing Activities
PaymentsForDerivativeInstrumentsInInvestingActivities
|
18115000 | ||
bxmt |
Loan Principal Payments Held By Servicer
LoanPrincipalPaymentsHeldByServicer
|
513000 | ||
bxmt |
Consolidation Of Loans Receivable Of Variable Interest Entity
ConsolidationOfLoansReceivableOfVariableInterestEntity
|
500000000 | ||
us-gaap |
Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
|
0.0177 | pure | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-23775000 | ||
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
481000 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.86 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
208293000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
208774000 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
us-gaap |
Deferred Revenue Description
DeferredRevenueDescription
|
Income accrual is generally suspended for loans at the earlier of the date at which payments become 90 days past due or when, in the opinion of our Manager, recovery of income and principal becomes doubtful. | ||
us-gaap |
Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
|
23730 | shares | |
us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
388000 | ||
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8244000 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
BLACKSTONE MORTGAGE TRUST, INC. | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
210343000 | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2018-09-14 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2018-09-28 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
1.90 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure | |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001061630 | ||
us-gaap |
Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
|
2018-10-15 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
25897000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
212189000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
272000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
546000 | ||
us-gaap |
Interest Expense
InterestExpense
|
255677000 | ||
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
550011000 | ||
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
294334000 | ||
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
9709000 | ||
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
15001000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
224320000 | ||
us-gaap |
Open Tax Year
OpenTaxYear
|
2015 2016 2017 | ||
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-26766000 | ||
us-gaap |
Management Fee Description
ManagementFeeDescription
|
Manager is entitled to an incentive fee in an amount equal to the product of (i) 20% and (ii) the excess of (a) our Core Earnings (as defined in our Management Agreement) for the previous 12-month period over (b) an amount equal to 7.00% per annum multiplied by our outstanding Equity, provided that our Core Earnings over the prior three-year period is greater than zero. Core Earnings, as defined in our Management Agreement, is generally equal to our net income (loss) prepared in accordance with GAAP, excluding (i) certain non-cash items (ii) the net income (loss) related to our legacy portfolio and (iii) incentive management fees. | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <b>1. ORGANIZATION</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt" align="justify">References herein to “Blackstone Mortgage Trust,” “Company,” “we,” “us” or “our” refer to Blackstone Mortgage Trust, Inc. and its subsidiaries unless the context specifically requires otherwise.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt" align="justify">Blackstone Mortgage Trust is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and Australia. Our investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income from our loan portfolio. We are externally managed by BXMT Advisors L.L.C., or our Manager, a subsidiary of The Blackstone Group L.P., or Blackstone, and are a real estate investment trust, or REIT, traded on the New York Stock Exchange, or NYSE, under the symbol “BXMT.” Our principal executive offices are located at 345 Park Avenue, 42<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">nd</sup> Floor, New York, New York 10154. We were incorporated in Maryland in 1998, when we reorganized from a California common law business trust into a Maryland corporation.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt" align="justify">We conduct our operations as a REIT for U.S. federal income tax purposes. We generally will not be subject to U.S. federal income taxes on our taxable income to the extent that we annually distribute all of our net taxable income to stockholders and maintain our qualification as a REIT. We also operate our business in a manner that permits us to maintain an exclusion from registration under the Investment Company Act of 1940, as amended. We are organized as a holding company and conduct our business primarily through our various subsidiaries.</p> </div> | ||
us-gaap |
Noninterest Expense
NoninterestExpense
|
82145000 | ||
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
56248000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2211469000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1964959000 | ||
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
4100000 | ||
srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
112 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
222735000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
211436000 | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
481000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-3143000 | ||
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
24011000 | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
18995000 | ||
us-gaap |
Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
|
95937000 | ||
us-gaap |
Payments For Participation Liabilities
PaymentsForParticipationLiabilities
|
85875000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
203065000 | ||
us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
5222803000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
369787000 | ||
us-gaap |
Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
|
74111000 | ||
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
4500000 | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
214775000 | ||
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
5749678000 | ||
us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-4100000 | ||
us-gaap |
Professional Fees
ProfessionalFees
|
3383000 | ||
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
192000 | ||
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
4147893000 | ||
us-gaap |
Revenue Recognition Interest
RevenueRecognitionInterest
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Revenue Recognition</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt" align="justify">Interest income from our loans receivable portfolio and debt securities is recognized over the life of each investment using the effective interest method and is recorded on the accrual basis. Recognition of fees, premiums, and discounts associated with these investments is deferred and recorded over the term of the loan or debt security as an adjustment to yield. Income accrual is generally suspended for loans at the earlier of the date at which payments become 90 days past due or when, in the opinion of our Manager, recovery of income and principal becomes doubtful. Income is then recorded on the basis of cash received until accrual is resumed when the loan becomes contractually current and performance is demonstrated to be resumed. In addition, for loans we originate, the related origination expenses are deferred and recognized as a component of interest income, however expenses related to loans we acquire are included in general and administrative expenses as incurred.</p> </div> | ||
us-gaap |
Proceeds From Sale And Collection Of Loans Receivable
ProceedsFromSaleAndCollectionOfLoansReceivable
|
2503454000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
211917000 | ||
us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
0 | ||
us-gaap |
Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt" align="justify">The following tables outline the key terms of our credit facilities as of September 30, 2018:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td width="86%"></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="bottom" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; BORDER-BOTTOM: #000000 1pt solid; MARGIN-TOP: 0pt; DISPLAY: table-cell"> <b>Lender</b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" align="center"><b>Currency</b></td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" nowrap="nowrap" align="center"><b>Guarantee<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(1)</sup></b></td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" align="center"><b>Margin Call<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(2)</sup></b></td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" align="center"><b>Term/Maturity</b></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Morgan Stanley</p> </td> <td valign="bottom">  </td> <td valign="top" align="center"> $ /  £ / €</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center"> Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> March 3, 2020</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Goldman Sachs - Multi. JV<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(3)</sup></p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> July 12, 2020<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(4)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> JP Morgan</p> </td> <td valign="bottom">  </td> <td valign="top" align="center">$ /  £</td> <td valign="bottom"> </td> <td valign="bottom" align="center">50%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> January 7, 2021</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Bank of America - Multi. JV<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(3)</sup></p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">43%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">July 19, 2021<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(5)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Deutsche Bank</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">32%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> August 9, 2021<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(6)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Barclays</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> March 29, 2023<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(7)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> MetLife</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">50%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> April 22, 2023<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(8)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Bank of America</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">50%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">May 21, 2023<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(9)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Citibank</p> </td> <td valign="bottom">  </td> <td valign="top" align="center"> $  / £ / €</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> Term matched<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(10)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Société Générale</p> </td> <td valign="bottom">  </td> <td valign="top" align="center"> $  / £ /  €</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> Term matched<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(10)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; MARGIN-TOP: 0pt; TEXT-INDENT: -1em"> Wells Fargo</p> </td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom"> </td> <td valign="bottom" align="center">25%</td> <td valign="bottom"> </td> <td valign="top" align="center">Collateral marks only</td> <td valign="bottom">  </td> <td valign="top" nowrap="nowrap" align="center"> Term matched<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(10)</sup></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" colspan="9"> <p style="MARGIN-BOTTOM: 2pt; WIDTH: 15%; BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0pt; LINE-HEIGHT: 8pt">  </p> </td> </tr> </table> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td></td> <td valign="bottom" width="1%"></td> <td width="95%"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(1)  </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Other than amounts guaranteed based on specific collateral asset types, borrowings under our credit facilities are <font style="WHITE-SPACE: nowrap">non-recourse</font> to us.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(2)</td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Margin call provisions under our credit facilities do not permit valuation adjustments based on capital markets events, and are limited to collateral-specific credit marks.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(3)</td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">These facilities finance the loan investments of our consolidated Multifamily Joint Venture. Refer to Note 2 for additional discussion of our Multifamily Joint Venture.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(4)</td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Includes a <font style="WHITE-SPACE: nowrap">one-year</font> extension option which may be exercised at our sole discretion.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(5)</td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Includes two <font style="WHITE-SPACE: nowrap">one-year</font> extension options which may be exercised at our sole discretion.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(6)</td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Includes two <font style="WHITE-SPACE: nowrap">one-year</font> extension options which may be exercised at our sole discretion.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(7)</td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Includes four <font style="WHITE-SPACE: nowrap">one-year</font> extension options which may be exercised at our sole discretion.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(8)</td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Includes four <font style="WHITE-SPACE: nowrap">one-year</font> extension options which may be exercised at our sole discretion.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(9)</td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Includes two <font style="WHITE-SPACE: nowrap">one-year</font> extension options which may be exercised at our sole discretion.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top">(10)</td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">These credit facilities have various availability periods during which new advances can be made and which are generally subject to each lender’s discretion. Maturity dates for advances outstanding are tied to the term of each respective collateral asset.</p> </td> </tr> </table> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 12px">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td width="41%"></td> <td valign="bottom" width="4%"></td> <td width="8%"></td> <td valign="bottom" width="4%"></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="bottom" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; BORDER-BOTTOM: #000000 1pt solid; MARGIN-TOP: 0pt; DISPLAY: table-cell"> <b>Currency</b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Potential<br /> Borrowings</b></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Outstanding</b><br /> <b>Borrowings<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(1)</sup></b></td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; BORDER-BOTTOM: #000000 1pt solid; MARGIN-TOP: 0pt; DISPLAY: table-cell" align="center"> <b>        Floating Rate Index        </b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" nowrap="nowrap" align="center"> <p style="MARGIN-BOTTOM: 1pt; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="center"><b>Spread<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(2)</sup></b></p> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" align="center"><b>Advance</b><br /> <b>Rate<sup style="FONT-SIZE: 85%; VERTICAL-ALIGN: top">(3)</sup></b></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" nowrap="nowrap" align="center">$</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">$  5,024,025</td> <td valign="bottom" nowrap="nowrap">      </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">$  4,551,603</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"><font style="WHITE-SPACE: nowrap">1-month</font> USD LIBOR</td> <td valign="bottom">  </td> <td valign="bottom" align="center">1.75%</td> <td valign="bottom">  </td> <td valign="bottom" align="center">79.2%</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" nowrap="nowrap" align="center">€</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> €       54,869</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> €       12,100</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"><font style="WHITE-SPACE: nowrap">3-month</font> EURIBOR</td> <td valign="bottom">  </td> <td valign="bottom" align="center">2.28%</td> <td valign="bottom">  </td> <td valign="bottom" align="center">80.0%</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid" bgcolor="#CCEEFF"> <td valign="top" align="center">£</td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> £     247,194</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right"> £     218,914</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom" align="center"><font style="WHITE-SPACE: nowrap">3-month</font> GBP LIBOR</td> <td valign="bottom">  </td> <td valign="bottom" align="center">1.97%</td> <td valign="bottom">  </td> <td valign="bottom" align="center">79.0%</td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt">  </p> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="MARGIN-BOTTOM: 0pt; BORDER-TOP: #000000 1px solid; MARGIN-TOP: 0pt">  </p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"></td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">$  5,409,815</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom" align="right">$  4,850,911</td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom" align="center">1.77%</td> <td valign="bottom">  </td> <td valign="bottom" align="center">79.2%</td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top" colspan="15" nowrap="nowrap"> <p style="MARGIN-BOTTOM: 2pt; WIDTH: 13%; BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0pt; LINE-HEIGHT: 8pt">  </p> </td> </tr> </table> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="68%" align="center" border="0"> <tr> <td></td> <td valign="bottom" width="1%"></td> <td width="95%"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(1)  </p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Potential borrowings represents the total amount we could draw under each facility based on collateral already approved and pledged. When undrawn, these amounts are immediately available to us at our sole discretion under the terms of each credit facility.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(2)</p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Represents weighted-average spread over the applicable floating rate index, based on borrowings outstanding.</p> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; PAGE-BREAK-INSIDE: avoid"> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">(3)</p> </td> <td valign="bottom"> </td> <td valign="top"> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt" align="justify">Represents weighted-average advance rate based on the approved outstanding principal balance of the collateral assets pledged.</p> </td> </tr> </table> </div> | ||
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
20113000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
20488000 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
375000 | ||
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
369790000 | ||
bxmt |
Payments For Collateral Deposits Related To Derivatives
PaymentsForCollateralDepositsRelatedToDerivatives
|
32110000 | ||
bxmt |
Payments For Derivative Instruments In Investing Activities
PaymentsForDerivativeInstrumentsInInvestingActivities
|
14031000 | ||
bxmt |
Proceeds From Derivative Instruments In Investing Activities
ProceedsFromDerivativeInstrumentsInInvestingActivities
|
34975000 | ||
dei |
Trading Symbol
TradingSymbol
|
BXMT | ||
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
300921 | shares | |
bxmt |
Expected Loss On Investment
ExpectedLossOnInvestment
|
0 | ||
bxmt |
Loan Principal Payments Held By Servicer
LoanPrincipalPaymentsHeldByServicer
|
3577000 | ||
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
39000 | ||
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
11484414 | shares | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
-20000 | ||
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
1462000 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
111251864 | shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Use of Estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt" align="justify">The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may ultimately differ from those estimates.</p> </div> | ||
bxmt |
Proceeds From Sale Of Loan Participation
ProceedsFromSaleOfLoanParticipation
|
86339000 | ||
bxmt |
Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
23623000 | ||
bxmt |
Adjustments To Additional Paid In Capital Deferred Compensation
AdjustmentsToAdditionalPaidInCapitalDeferredCompensation
|
375000 | ||
bxmt |
Proceeds From Collateral Deposits Related To Derivatives
ProceedsFromCollateralDepositsRelatedToDerivatives
|
28870000 | ||
bxmt |
Cash Contributions From Joint Venture Partners That Increase Equity
CashContributionsFromJointVenturePartnersThatIncreaseEquity
|
4500000 | ||
bxmt |
General And Administrative Expenses Excluding Other Expenses
GeneralAndAdministrativeExpensesExcludingOtherExpenses
|
25897000 | ||
bxmt |
General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
|
2026000 | ||
bxmt |
Interest Expense Secured Debt
InterestExpenseSecuredDebt
|
35600000 | ||
bxmt |
Dividends Declared And Not Paid
DividendsDeclaredAndNotPaid
|
74195000 | ||
bxmt |
Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
|
5409000 | ||
bxmt |
Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
|
20488000 | ||
bxmt |
Plan Adoption Date
PlanAdoptionDate
|
2014-03-25 | ||
bxmt |
Number Of Directors Eligible For Annual Compensation
NumberOfDirectorsEligibleForAnnualCompensation
|
5 | Directors | |
bxmt |
Number Of Loan Participations Sold
NumberOfLoanParticipationsSold
|
1 | ||
bxmt |
Participations Sold Loan Weighted Average Term
ParticipationsSoldLoanWeightedAverageTerm
|
2022-02 | ||
CY2017Q3 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
13243000 | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
57722000 | |
CY2017Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
88000 | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
8146000 | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
16175000 | |
CY2017Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
53000 | |
CY2017Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
933000 | |
CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
57810000 | |
CY2017Q3 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
5819000 | |
CY2017Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
125000 | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
95013087 | shares |
CY2017Q3 | bxmt |
Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-8029000 | |
bxmt |
Computed Management Fee Percent Of Average Outstanding Equity Balance
ComputedManagementFeePercentOfAverageOutstandingEquityBalance
|
0.0150 | pure | |
bxmt |
Excise Tax Rate
ExciseTaxRate
|
0.04 | pure | |
CY2017Q3 | bxmt |
General And Administrative Expenses Excluding Other Expenses
GeneralAndAdministrativeExpensesExcludingOtherExpenses
|
7366000 | |
CY2017Q3 | bxmt |
General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
|
489000 | |
CY2017Q3 | bxmt |
Interest Expense Secured Debt
InterestExpenseSecuredDebt
|
3800000 | |
CY2017Q3 | bxmt |
Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
|
1422000 | |
CY2017Q3 | bxmt |
Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
|
5944000 | |
CY2017Q3 | bxmt |
Common Stock Dividends Declared
CommonStockDividendsDeclared
|
58793000 | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
128000 | |
CY2018Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.62 | |
bxmt |
Debt Instrument Revolving Repurchase Facilities Advance Rate
DebtInstrumentRevolvingRepurchaseFacilitiesAdvanceRate
|
0.792 | pure | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
77452000 | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
77580000 | |
CY2018Q3 | us-gaap |
Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
152000 | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.67 | |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8443000 | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
78341000 | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
48000 | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
97955000 | |
CY2018Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
203107000 | |
CY2018Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
105152000 | |
CY2018Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
26811000 | |
CY2018Q3 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
18368000 | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
78165000 | |
CY2018Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
128000 | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-713000 | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
1855000 | |
bxmt |
Incentive Fee Computation Percent Of Average Outstanding Equity Per Annum
IncentiveFeeComputationPercentOfAverageOutstandingEquityPerAnnum
|
0.0700 | pure | |
bxmt |
Common Stock Dividends Declared
CommonStockDividendsDeclared
|
210369000 | ||
bxmt |
Net Proceeds After Sales Discounts And Commissions
NetProceedsAfterSalesDiscountsAndCommissions
|
32.26 | ||
bxmt |
Percentage Of Yield In Subordinate Risk Retention Interest
PercentageOfYieldInSubordinateRiskRetentionInterest
|
0.100 | pure | |
CY2018Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
1022000 | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-2416000 | |
CY2018Q3 | us-gaap |
Profit Loss
ProfitLoss
|
78293000 | |
CY2018Q3 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
6609000 | |
bxmt |
Incentive Fee Computation Percent Of Product Per Agreement
IncentiveFeeComputationPercentOfProductPerAgreement
|
0.20 | pure | |
bxmt |
Debt Instrument Covenant Minimum Percentage Of Tangible Net Worth On Net Cash Proceed Of Equity Issuances
DebtInstrumentCovenantMinimumPercentageOfTangibleNetWorthOnNetCashProceedOfEquityIssuances
|
0.75 | pure | |
CY2018Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
|
125000 | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
116203140 | shares |
CY2018Q3 | bxmt |
Other Comprehensive Income Realized And Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeRealizedAndUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
1703000 | |
CY2018Q3 | bxmt |
General And Administrative Expenses Excluding Other Expenses
GeneralAndAdministrativeExpensesExcludingOtherExpenses
|
8443000 | |
CY2018Q3 | bxmt |
General And Administrative Operating And Other Costs
GeneralAndAdministrativeOperatingAndOtherCosts
|
687000 | |
CY2018Q3 | bxmt |
Interest Expense Secured Debt
InterestExpenseSecuredDebt
|
12500000 | |
CY2018Q3 | bxmt |
Core General And Administrative Expenses
CoreGeneralAndAdministrativeExpenses
|
1709000 | |
CY2018Q3 | bxmt |
Non Cash And Legacy Compensation Expenses
NonCashAndLegacyCompensationExpenses
|
6734000 | |
CY2018Q3 | bxmt |
Common Stock Dividends Declared
CommonStockDividendsDeclared
|
74195000 | |
CY2018Q3 | bxmt |
Loan Contributed To Securitization
LoanContributedToSecuritization
|
517500000 | |
bxmt |
Proceeds From Loan Contributed To Securitization
ProceedsFromLoanContributedToSecuritization
|
512002000 | ||
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2017 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
110 | |
bxmt |
Annual Distribution Of Net Taxable Income Percentage
AnnualDistributionOfNetTaxableIncomePercentage
|
0.90 | pure | |
CY2017 | us-gaap |
Operating Loss Carryforwards Expiration Date
OperatingLossCarryforwardsExpirationDate
|
2029-12-31 | |
CY2017 | bxmt |
Number Of Loan Participations Sold
NumberOfLoanParticipationsSold
|
1 | |
CY2017 | bxmt |
Participations Sold Loan Weighted Average Term
ParticipationsSoldLoanWeightedAverageTerm
|
2022-02 | |
CY2017 | bxmt |
Percentage Of Loans Financed By Securitized Debt Obligations Earned Floating Rate Of Interest
PercentageOfLoansFinancedBySecuritizedDebtObligationsEarnedFloatingRateOfInterest
|
0.98 | pure |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
88000 | |
CY2017Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.62 | |
bxmt |
Stock Issued During Period Shares Price Per Share
StockIssuedDuringPeriodSharesPricePerShare
|
32.73 | ||
bxmt |
Percentage Of Loans Financed By Securitized Debt Obligations Earned Floating Rate Of Interest
PercentageOfLoansFinancedBySecuritizedDebtObligationsEarnedFloatingRateOfInterest
|
0.98 | pure | |
bxmt |
Net Taxable Income Subject To Distribution Percent
NetTaxableIncomeSubjectToDistributionPercent
|
1.00 | pure | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
65868000 | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
65956000 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.61 | |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7419000 | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
57893000 | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
83000 | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
67891000 | |
CY2017Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
146446000 | |
CY2017Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
78555000 | |
CY2017Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
20662000 |